Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly House of Representatives.
  • Em Adespoton
    1•4 hours ago

    “Trump tax plans could exempt 93 millionaire Americans from income taxes”

    Someone dropped the “aire” somewhere, that’s all.

  • @[email protected]
    25•10 hours ago

    Is the lying tax cheat suddenly telling the truth about helping the little guy save on taxes?

    Trumps last tax cut went to the richest 1%, and poorer Americans actually lost tax breaks.

    • @joekar1990English
      5•9 hours ago

      Tipped staff as a percent of the workforce is very small. If I read his proposal correct it’s tips anywhere rather than a specific industry as well. That means in my mind a lawyer could say this is my rate that’s really low and then I have an option for a Tip. While the tip has to be voluntary it would be hard for the IRS to prove if it was agreed upon prior. So it could be really manipulated rather than help a larger percentage of people. Simply raising minimum wage or expand the standard deduction would go further I’d think.

  • @Myxomatosis
    7•8 hours ago

    Project 2025 says the exact opposite.

  • @leadore
    3•7 hours ago

    The only people he’s going to exempt from taxes are billionaires.

    edit: OK, maybe also some multi-millionaires

  • @ChonkyOwlbear
    9•9 hours ago

    I wonder how many trillions that plan will put us into debt.

  • @[email protected]
    1•7 hours ago

    Is the plan to have income taxes NOT be deducted from your paycheck but still owed come tax time?